Union Bank of the Philippines (UnionBank) is training blockchain teachers and other experts on the technology as it continues its push for blockchain revolution in the country.
This project, called the
Blockchain Xcellerator Program, is designed to train blockchain mentors and
experts to lead the next generation of blockchain developers in the
Under the program, the lender
is sponsoring an eight-week intensive course for developers who want to advance
their knowledge in blockchain, especially as blockchain jobs have become among
the most in demand in the world.
UnionBank President and CEO
Edwin R. Bautista said the eventual takeover of blockchain is an opportunity to
position the Philippines’s work force as a major source of blockchain
“Seeing a gap in blockchain
talents globally, we decided to take our educational initiatives to the next
level by establishing an advanced training program,” Bautista said.
“By sharing the knowledge
we’ve gained from launching several blockchain use cases and creating the
Blockchain Institute last year, we hope to further support the ecosystem here
in the Philippines and beyond with top-tier talents that the Blockchain
Xcellerator Program will produce,” he added.
UnionBank’s Blockchain Xcellerator Program runs from October 5 to November 29, and includes three phases. Phase 1, which will introduce the participants to the whole program, consists of online self-paced learning through interactive media and resource materials. Phase 2 involves assessing the knowledge and understanding the participants gained in Phase 1 on blockchain technology and Ethereum. The third phase immerses selected participants in real-world projects to develop their practical knowledge and experience with guided development sessions with UnionBank and UBX mentors.